Do you have the new 2009 tax forms?
Tax Bulletin | 16 March, 2009 | Hot Topics:
Dear fellow taxpayer,
SARS has just announced there will be new income tax forms for the 2009 tax season.
Have your say
We, the public, have been invited to give our comments and feedback on this new form on the SARS website, so take a look on the home page under “Latest News” and have your say:www.sars.org.za
Look for some significant changes
One of the biggest changes is the Tax Return Request form (ITRR) will now include your details from your previous tax return. This means if your tax affairs haven’t changed since last year, you’ll only have to sign the ITRR and submit it.
SARS tightens security measures
On your income return itself, you will need to add additional verification information under banking details for security purposes. SARS have also introduced a new medical code (4040) to distinguish between contributions made via an employer (4005) and those contributions not reflected on your IRP5.
Anything else?
There are only minor amendments to the IT12TR, IT12EI and IT14 forms.
That’s it from me.
Regards,
Jackie
Enjoying this article? Sign up for our free daily email, Tax Bulletin, to receive tax and vat tips and tricks to stay one step ahead of SARS - Delivered to your inbox every weekday. Sign up to the TaxBulletin.
Editors note
Fulvia Stoltz
Tax Bulletin Editor
The Tax Bulletin is packed full of tax tips, commentary on changes to the tax landscape and is also an interactive tax forum which aims to help you efficiently manage your taxes and avoid all the traps. It is also a handy reminder of the deadlines which taxpayers have to meet.